If you are just partnering on a deal by deal basis then one attorney that both parties feel comfortable with is probably sufficient.

Establishing a relationship and building trust is the only true way for either party to feel comfortable as both have been burned from untrustworthy individuals in this business.

So think about what's comfortable for you.

Lot's of lenders will want local (boots on the ground) to feel comfortable doing a loan.  

If you are comfortable with your structure that’s great!

Long story short if you are committed to house hacking the sky is the limits and there is endless possibility, it really comes down to your comfort level and where exactly you need to be in New Jersey.

Find out what works for you and your team on smaller deals then scale up once you start to get comfortable with multifamily. 

They took a lot of risks that I wouldn't be comfortable taking.

You're going to do very well at your entry point Don.I'll add this while I'm here, @Zach Lemaster has gone out of his way to make my wife and I feel very comfortable with our decision.

We need to be able to communicate and work together on this.If you don’t feel comfortable sending me the email list directly, you can send a generic email to the whole group (like you used to send the monthly updates )and ask who wants to share their email and be part of the group email with other investors so that we can find solutions together. thank you